Japanese manufacturers’ mood turns positive - Reuters poll

Japanese manufacturers’ sentiment rose for a sixth straight month in May, turning positive for the first time in a year and reinforcing recent evidence that Prime Minister Shinzo Abe’s expansionary policy has generated more confidence in the economy.

The Reuters poll showed that increasing optimism among manufacturers was largely driven by exporting sectors, including electric and precision machinery, that have benefited from a weakening in the yen after the Bank of Japan aggressively eased monetary policy last month.

via Business feed http://www.scmp.com/business/economy/article/1241839/japanese-manufacturers-mood-turns-positive-reuters-poll